Adding to Trevor's step 5 -  create a detailed SOW. 

It does eliminate the need to add chlorine but the chlorinators (Pentair IntelliChlor) have a fairly short lifespan.  

So I gravitate toward things that are well understood, proven, time tested, tie up all details in a nice neat little package, and eliminate as many variables as possible. 

In the side I house hacked I updated the bathroom, I installed turf in the back yard, added a large shed, and furnished the Unit.

Hi Angelica,Just adding my own 2 cents worth here from a deal I did not too long ago:I bought a prop off Auction.com about 2 years ago.

@Blaise Bevilacqua - I agree with the added expense items that others have called out including vacancy, repairs/maintenance, capex, unit turns, and low insurance.

Hi thereAccording to IRS guidelines, once a property is ready and available for rent, meaning after you completed the renovations. you would  be able to deduct expenses. snce this was your main home,  the tax accountant you will use will need to do a conversion from personal residence to a rental for depreciation purposes. the improvement you made, depending on what they are, may be added to your basishope this helps

Quote from @Tanner Pile:  @Eli EdwardsJust like Tanner said, a quitclaim/promissory note must be added to the property.

Passive Pockets, Meta (FB/IG) ads, local meetups are good places to find groups.2.

I hope I added a little more clarity, I know that even in this post I am going back and forth.Thank you.